State of Freight TODAY

Weekly Transportation Update: Housing Starts Surge as Existing Homes Sales Flounder

Written by The FTR Experts | 6/26/23 1:52 PM

Housing starts surge in May, but sales of existing homes were weak.


  • New claims for unemployment benefits are holding at the highest level since October 2021.
  • Truck spot rates decline during the week before the traditional seasonal run-up
  • Rail carload volumes look to hold nearly steady into the fall.
  • Intermodal volumes bounce back as port disruptions ease.